The NZDUSD pair on M15 timeframe shows a bearish reversal setup following a consolidation phase. Recent candles indicate a breakdown below key support at 0.5645, with the close at 0.56491 acting as a critical pivot point. The price has formed a descending structure, with lower highs and lower lows, suggesting weakening bullish momentum. Volume on the entry candle (0.56491) was moderate (1434), aligning with the rejection of the prior high at 0.56569, which failed to sustain. The current close near the 0.5649 level signals a potential shift in control, with sellers dominating the action. The trend appears to be transitioning…

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